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What Is a Credit Union?

A credit union is a financial institution that operates like a bank. While banks and credit unions have many similarities, there are a lot of things that make credit unions unique. Understanding how a credit union works can help you determine if a credit union is the right fit for your everyday banking needs.

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5 Tips to Help You Qualify for a Mortgage

Qualifying for a mortgage can feel daunting, but with the right knowledge and preparation, you can increase your chances of purchasing your dream home. Here are five tips to help you qualify for a mortgage and navigate the home buying process with confidence.

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What Are Mortgage Points?

The mortgage process has a lot of options for every kind of homeowner, like buying mortgage points. Mortgage points, or discount points, are fees that a homebuyer can pay to their lender in exchange for a reduced interest rate. So, how do mortgage points work, and how can they help someone looking to buy a property?

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How Do You Get a Mortgage Loan?

For new homeowners, the house buying journey can be daunting. Navigating how to get a loan for a mortgage shouldn’t be. Understanding what to expect can make the mortgage application and home-buying process easier.

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What Are Closing Costs for a Home Purchase?

When someone is in the process of buying a home, they will come across closing costs at some point. So, what exactly are closing costs, and why are they important for home buyers to know about?

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What Is Direct Deposit and How Does It Work?

Direct deposit is an efficient and secure way to send money, like paychecks, Social Security benefits, government benefits, tax refunds, and more. Because direct deposit is an electronic transfer of funds directly into your bank account, it eliminates the need for depositing a physical check. This means you will be able to access your money more quickly, without needing to take any extra steps.

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